$65,000
PENDING $14K PRICE DROP

118 S 7th St Olean, NY 14760

Estimated payment $561/month

Total Views 10,099
3 Beds
2 Baths
1,542 Sq Ft
$42 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Rectangular Lot
  • Carpet

About This Home

This home is located at 118 S 7th St, Olean, NY 14760 and is currently priced at $65,000, approximately $42 per square foot. This property was built in 1925. 118 S 7th St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Listing Agent

John Dwaileebe

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-3953 License #40DW0994003 Listed on: 08/26/2025

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 1925

Lot Details

  • 4,014 Sq Ft Lot
  • Lot Dimensions are 47x84
  • Rectangular Lot

Parking

  • Unpaved Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 1,542 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 041200-094-064-0012-013-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,518

Year Built

Built in 1925

Lot Details

4,014 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1925
  • Attribution Contact: 716-378-3953
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Carpet, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0921
  • Waterfront: No
  • Construction Type: Frame

Garage/Parking

  • Parking Features: Unpaved

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0012-013-000-0000
  • Lot Dimensions: 47X84
  • Lot Size Sq Ft: 4014.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2518.0
  • Tax Lot: 13

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,784 $46,500 $3,300 $43,200
2024 $2,940 $46,500 $3,300 $43,200
2023 $1,751 $46,500 $3,300 $43,200
2022 $1,776 $46,500 $3,300 $43,200
2021 $1,827 $46,500 $3,300 $43,200
2020 $1,840 $46,500 $3,300 $43,200
2019 $698 $46,500 $3,300 $43,200
2018 $2,508 $46,500 $3,300 $43,200
2017 $1,885 $46,500 $3,300 $43,200
2016 $1,864 $46,500 $3,300 $43,200
2015 -- $46,500 $3,300 $43,200
2014 -- $46,500 $3,300 $43,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2026 06/06/26 Pending -- -- --
05/01/2026 05/01/26 For Sale $65,000 0.0% $42 / Sq Ft
04/08/2026 04/08/26 Off Market $65,000 -- --
01/26/2026 01/26/26 Price Changed $65,000 -9.7% $42 / Sq Ft
10/17/2025 10/17/25 Price Changed $72,000 -8.9% $47 / Sq Ft
08/26/2025 08/26/25 For Sale $79,000 -- $51 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $34,500 --
Source: Public Records

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1633493

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0012-013-000-0000

Your Personal Tour Guide

Ask me questions while you tour the home.